Bloomberg Business

SE Asian Leaders Warn of Economic Cost of US, China Rivalry

Southeast Asian leaders warned against the economic cost of the growing US and China rivalry during a big ticket forum in Hainan on Thursday, and urged the two sides to cooperate to avoid further bifurcation that would be felt across global markets.

Credit Suisse Board Withdraws Discharge Vote as Bank Taken Over

The board of Credit Suisse Group AG withdrew a standard request for shareholders to release its members and management from liability for the 2022 financial results, in the wake of the bank’s emergency takeover by UBS Group AG.

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